Corning (GLW) Tops Q1 EPS by 2c, Revenues Beat; Offers 2Q EPS/Revenue Guidance Above Consensus
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
Corning’s First-Quarter Results Reflect Strong Start to 2021
April 27, 2021 7:15 AM EDTCORNING, N.Y., April 27, 2021 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced results for the first quarter ended March 31, 2021.
Corning reported a strong first quarter:
GAAP and core sales were $3.3 billion, year-over-year increases of 38% and 29%, respectivelyGAAP EPS was $0.67, reflecting strong performance and a non-cash, mark-to-market gain associated with the companys currency-hedging contractsCore EPS grew 125% year over year to $0.45All segments grew sales and net income by double-digit percentages year over year Environmental Technologies grew sales 38% and net income 111%Specialty Materials... More